Ant Financial is planning on raising $10 billion over the next couple of days, possibly bringing in the Carlyle Group and the Canada Pension Plan Investment Board as investors, which it will primarily use for expansion overseas. The Chinese payments company is reportedly worth around $150 billion in...
Nestlé’s three-year plan to get millennials back into frozen food was only half-cooked when consumers in their 20s and 30s started returning to the freezer aisle of the grocery store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Robots aren’t going to take over the world, but humans could use them for some scary stuff. That’s Amazon CEO Jeff Bezos’s take on artificial intelligence (AI), according to CNBC. And in the wake of Google’s latest tech revelation, many experts are agreeing with him....
In every story of less, there is usually someone who gained. In the case of the massive Toys R Us bankruptcy, children’s apparel retailer The Children’s Place could end up unexpectedly on the winner’s list. Get the Full Story Complete the form to unlock this article...
Companies often face a dilemma when it comes to corporate catering: They want to order breakfast, lunch, dinner or snacks for their employees, but the process can be complicated. Some companies assign that task to one employee — and that job is not easy. Arram Sabeti...
Americans could stand to get a few more hours of rest each night. According to the CDC, about one-third of all Americans between the ages of 18–70 are not getting the recommended 7–8 hours of sleep a night — or, in a lot of cases,...
BJ’s Wholesale Club has brought a click-and-collect service to 215 of its brick-and-mortar locations as part of its efforts to enhance its customer experience. The service, dubbed “Shop BJs.com – Pick Up in Club,” allows shoppers to pick up their online orders as soon as two hours...
Online brands continue their march into the offline world as Shopify and Warby Parker announce plans to open brick-and-mortar locations in the coming months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight” rating on the stock, CNN Money reported. Get the Full Story Complete the form to unlock this article and enjoy...
